Enterprise Bank & Trust Co Reduces Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Enterprise Bank & Trust Co trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 56.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,895 shares of the company’s stock after selling 3,706 shares during the period. Enterprise Bank & Trust Co’s holdings in Vanguard Total Bond Market ETF were worth $213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after purchasing an additional 4,687,550 shares during the period. Tallon Kerry Patrick acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $474,000. Capital & Planning LLC purchased a new position in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $8,564,000. Brighton Jones LLC raised its position in Vanguard Total Bond Market ETF by 99.6% during the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after buying an additional 18,677 shares during the last quarter. Finally, Revolve Wealth Partners LLC lifted its stake in Vanguard Total Bond Market ETF by 19.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after acquiring an additional 530 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.1%

BND stock opened at $72.69 on Monday. Vanguard Total Bond Market ETF has a 12 month low of $71.10 and a 12 month high of $75.67. The firm’s fifty day simple moving average is $72.71 and its 200-day simple moving average is $72.63.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 5th. Investors of record on Thursday, May 1st were given a dividend of $0.2364 per share. The ex-dividend date was Thursday, May 1st. This represents a $2.84 dividend on an annualized basis and a yield of 3.90%.

Vanguard Total Bond Market ETF Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.